Steve Neigut's Contact Details

Steve Neigut's Company Details

Charged Particles

N/A, N/A, ca • 5 - 9 Employees
Technology Consulting/Tech Services

Charged Particles are Interest-bearing Non-Fungible Tokens (DeFi NFTs) that are minted with an underlying asset and accrue interest over time, giving the Token a "Charge".The amount of interest earned from the token represents the "Charge" that the Particle has amassed.Particle Value = Intrinsic Value (underlying asset, ie. Dai)+ Speculative Value (non-fungible rarity)+ Interest Value (ie. Chai, rDai, cDai, aToken, yToken, and more!)Value Appreciation:Imagine a Babe Ruth rookie card stuffed with $1 and earning interest since 1916!Or a piece of digital-art holding $10 and constantly appreciating in value!Ownership:Charged Particles are Yours! They are standard, non-custodial NFTs, held in your wallet, and can be "discharged" at any time, collecting any accrued interest from the token.They can also be burned to reclaim the underlying asset + interest in full, destroying the token.And just like any other NFT, you may trade, transfer or sell your Charged Particles! You can even discharge the interest to a different address - a friend? a donation? You're in Charge!Custom Token Mechanics:Charged Particles introduce unique token mechanics allowing Smart Contracts and/or Dapps to decide how to handle a specific token based on the level of "Charge" that token has.Imagine an NFT that represents a Sword - the power of that sword could be dependant on the amount of "Charge" the token has. Or perhaps certain items can only be used once they reach a certain level of charge. Discharging the particle resets the in-game token mechanics.Other possibilities include battling over the "charge" of a particle - the winner earns the interest from their competitor's particles.